Tadalafil Market Size, Share, By Purity (98%, and Above 98%), By Form (Tablet and Capsule), By Application (Erectile Dysfunction, Benign Prostatic Hyperplasia, and Pulmonary Arterial Hypertension), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis, and Forecast till 2034

Report Code: PMI537624 | Publish Date: June 2024 | No. of Pages: 187

Tadalafil Market Overview

Tadalafil Market Size was valued at USD 6.25 Billion in 2024 and is expected to grow at a CAGR of 11.6% to reach USD 17.00 Billion by 2034.

Tadalafil is a drug used to treat pulmonary arterial hypertension, benign prostatic hyperplasia, and erectile dysfunction. It is marketed under the trade names Cialis and other names. It is consumed orally. The length can go up to 36 hours, with an average onset time of 30 minutes. A generic form of the prescription medication Cialis is called tadalafil. The active component of Cialis, tadalafil, is also known as generic Cialis. The Food and Drug Administration (FDA) has approved Cialis for the treatment of BHP and erectile dysfunction (ED). Only with a prescription are generic tadalafil and Cialis available, along with other drugs used to treat ED.

Tablets containing tadalafil are administered orally. These tablets typically come in strengths between 2.5 and 20 milligrams (mg). Tablets containing tadalafil can be taken as needed or once daily. Tadalafil's prolonged half-life, which can reach 36 hours, sets it apart from other PDE5 inhibitors. It is well-liked by both patients and medical experts because of this attribute. Aging populations and growing knowledge of curable medical issues drive steady expansion in the global tadalafil market. Throughout the projected period, the target market's growth may be hampered by the possible negative impacts of tadalafil usage.

Tadalafil Market Dynamics

Key Drivers of Target Market:

Increasing Knowledge about Men's Health:

  • Traditionally, there was a stigma associated with Erectile Dysfunction (ED). Tadalafil demand is being driven by more men seeking treatment as a result of increased public awareness initiatives and candid conversations about men's health. Additionally, community figures' involvement in promoting men's health issues and increased media coverage of these topics increase public awareness and normalize getting treatment. This may immediately result in more people being prescribed Tadalafil.

Verified Effectiveness and Durable Results:

  • Compared to certain other drugs, tadalafil provides a proven and efficient ED therapy choice. Its extended duration of action (up to 36 hours) significantly benefits patients. Tadalafil has long-lasting effects, in contrast to some ED drugs that must be taken right before engaging in sexual activity. Men don't have to worry about stringent timing constraints, which makes therapy more convenient and discrete. This can increase patient compliance.

Restrains:

Possible Adverse Reactions:

  • Like any drug, tadalafil may have adverse effects in certain users. Some of the more severe side effects of tadalafil include priapism, low blood pressure, vision issues, hearing loss, and dizziness, which call for medical treatment. Patient reluctance to use the medication due to these adverse effects could hinder market expansion.

Opportunities:

Creation of Innovative Formulations:

  • Technological developments in drug delivery may result in Tadalafil formulations with better qualities, such as longer-lasting or faster-acting effects, which would draw in new consumers. Furthermore, developing nations provide substantial prospects for market expansion due to their growing disposable incomes and improved access to healthcare.

Tadalafil Market Segmentation

The market is segmented based on Purity, Form, Application, and Region.

Purity Insight:

  • 98%: Tadalafil is suitable for use as a raw ingredient in prescription drugs based on its 98% purity level. The purity ensures a certain concentration of the active Tadalafil molecule, reducing the possibility that inactive ingredients will impair the medication's efficacy or result in unanticipated side effects.
  • Above 98%: Above 98% purity is the term used to describe high-grade Tadalafil, utilized in pharmaceuticals where safety and efficacy depend on exact dosage and low contaminants. Stringent quality control techniques guarantee consistent outcomes.

Form Insight:

  • Tablet: The most popular form, tablets, provides a handy and precisely measured dose.  They come in different strengths for individualized treatment and are simple to swallow.
  • Capsule: Another well-liked choice is taking capsules, which are occasionally chosen for their simplicity in ingesting or containing substances other than Tadalafil. They could be helpful for people who have trouble swallowing pills.

Application Insight:

  • Erectile Dysfunction: Tadalafil is primarily used for the treatment of erectile dysfunction (ED). Because it increases blood flow to the penis, it helps ED males get and keep an erection when engaging in sexual activity.
  • Benign Prostatic Hyperplasia (BPH): In patients with benign prostatic hyperplasia (BPH), Urinary tract issues are brought on by an enlarged prostate gland. Tadalafil reduces the symptoms of BPH by relaxing the muscles in the bladder and prostate, resulting in a smoother flow of urine.
  • Pulmonary Arterial Hypertension (PAH): This serious lung disease raises blood pressure in the arteries that supply the lungs. By relaxing these arteries, tadalafil eases blood flow and lessens cardiac strain.

Regional Insights

  • North America: North America is a developed market where tadalafil is well-known, especially for treating ED. This region has greatly aided the growth of the market as a whole. Men's health issues are receiving more attention thanks to increased awareness campaigns and instructional materials, which could increase Tadalafil prescriptions.
  • Asia Pacific: The Asia Pacific area offers a sizable potential window for the target market. Factors fueling this trend include rising disposable incomes, expanding urbanization, and growing awareness of men's health.
  • Europe: Tadalafil is also well-established in Europe, where demand is rising for uses other than ED. Regulatory frameworks and healthcare systems significantly influence market dynamics.
  • Latin America: There is a growing need for tadalafil in Latin America, a burgeoning market. Political and economic unrest, however, might provide difficulties. Particularly in remote places, Tadalafil use may be restricted due to limited access to medical facilities and specialists.
  • Middle East and Africa: Future market growth in the MEA region is promising, and it can grow even more if issues like price and limited access to healthcare are resolved.

Tadalafil Market Report Scope:

Attribute

Details

Market Size 2024

USD 6.25 Billion

Projected Market Size 2034

USD 17.00 Billion

CAGR Growth Rate

11.6%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Purity - 98%, and Above 98%

By Form – Tablet, and Capsule

By Application - Erectile Dysfunction, Benign Prostatic Hyperplasia, and Pulmonary Arterial Hypertension

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Purity, Form, Application, and Region:

Segmentation:

By Purity:

  • 98%
  • Above 98%

By Form:

  • Tablet
  • Capsule

By Application:

  • Erectile Dysfunction
  • Benign Prostatic Hyperplasia
  • Pulmonary Arterial Hypertension

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Tadalafil Market Key Players

The key players operating the Tadalafil Market include Glenmark Pharmaceuticals Ltd., Teva Pharmaceutical Industries Ltd., Eli Lilly and Co. Pvt. Ltd., Cadila Pharmaceuticals Ltd., Cipla Ltd., Torrent Pharma, Camber Pharmaceuticals, and Dr. Reddy’s Laboratories.

Tadalafil Market Key Issues Addressed

  • In March 2024, Zydus Lifesciences Limited stated that it had received final permission from the US Food and Drug Administration (USFDA) to commercialize its Finasteride and Tadalafil Capsules USP 5 mg/5 mg. Zydus said in a statement that the company's formulation manufacturing plant in Gujarat's Ahmedabad SEZ II will create this drug used to treat benign prostatic hyperplasia.
  • In September 2023, Akums Drugs and Pharmaceuticals, after receiving clearance from the Drug Controller General of India (DCGI) for the formulation of Tamsulosin 0.4/0.4 mg + Tadalafil 2.5/5 mg, introduced Tamsulosin + Tadalafil Capsules in the Indian market.

Tadalafil Market Company Profile

  • Glenmark Pharmaceuticals Ltd.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Teva Pharmaceutical Industries Ltd.
  • Eli Lilly and Co. Pvt. Ltd.
  • Cadila Pharmaceuticals Ltd.
  • Cipla Ltd.
  • Torrent Pharma
  • Camber Pharmaceuticals
  • Dr. Reddy’s Laboratories

“*” marked represents similar segmentation in other categories in the respective section

Tadalafil Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Purity
      • Market Snippet, By Form
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, Purity, Forecast Period up to 10 Years (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • 98%
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Above 98%
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
      • Segment Trends
  5. Market Segmentation, Form, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Tablet
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Capsule
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
      • Segment Trends
  6. Market Segmentation, Application, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Erectile Dysfunction
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Benign Prostatic Hyperplasia
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Pulmonary Arterial Hypertension
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  7. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S
        • Canada
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Europe
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • Germany
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Latin America
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Form, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East and Africa
  8. Competitive Landscape
  • Heat Map Analysis
  • Company Profiles
    • Glenmark Pharmaceuticals Ltd.
    • Teva Pharmaceutical Industries Ltd.
    • Eli Lilly and Co. Pvt. Ltd.
    • Cadila Pharmaceuticals Ltd.
    • Cipla Ltd.
    • Torrent Pharma
    • Camber Pharmaceuticals
    • Dr. Reddy’s Laboratories

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Tadalafil Market Size was valued at USD 6.25 Billion in 2024 and is expected to grow at a CAGR of 11.6% to reach USD 17.00 Billion by 2034.

The Tadalafil Market is segmented into Purity, Form, Application, and Region.

Factors driving the market include increasing knowledge regarding men's health and verified effectiveness and durable results.

Restraints of the Tadalafil Market include possible adverse reactions as a market restraining factor.

The Tadalafil Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating the Tadalafil Market include Glenmark Pharmaceuticals Ltd., Teva Pharmaceutical Industries Ltd., Eli Lilly and Co. Pvt. Ltd., Cadila Pharmaceuticals Ltd., Cipla Ltd., Torrent Pharma, Camber Pharmaceuticals, and Dr. Reddy’s Laboratories.